Aster Motor Private Limited

Manufactures and trades motor vehicles, trailers, and parts, and is an authorized dealer of Nissan Motors.

2010 | Vadodara, Gujarat (India) | Active
Last Updated: January 10, 2025

Aster Motor Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 14 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 44.32 Cr
  • Revenue Growth -62.34%
  • Profit Growth 82.04%
  • Ebitda 64.28%
  • Net Worth -15.33%
  • Total Assets -15.69%

About Aster Motor

Aster Motor Private Limited (AMPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 June 2010 and has a history of 14 years and seven months. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Aster Motors Private Limited. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company has closed loans amounting to ₹44.32 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Anand Shah and Supas Sheth serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50100GJ2010PTC061281

  • Company No.

    061281

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jun 2010

  • Date of AGM

    26 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

Who are the key members and board of directors at Aster Motor?

Board Members (2)

Name Designation Appointment Date Status
Anand Shah Country flag representing In Director 14-Apr-2023 Current
Supas Sheth Country flag representing In Director 15-Jul-2023 Current

Financial Performance of Aster Motor.

Aster Motor Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 62.34% decrease. The company also saw a substantial improvement in profitability, with a 82.04% increase in profit. The company's net worth observed a substantial decline by a decrease of 15.33%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-62.34%
Revenue from Operations
-60.35%
Total Assets
-15.69%
Profit or Loss
82.04%
Net Worth
-15.33%
EBITDA
64.28%

What is the Ownership and Shareholding Structure of Aster Motor?

In 2021, Aster Motor had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹443.20 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 17.37 Cr
  • Idbi Bank Limited : 12.50 Cr
  • Icici Bank Limited : 9.50 Cr
  • Bank Of Baroda : 4.95 Cr

Latest Charge Details

Date Lender Amount Status
08 Nov 2016 Idbi Bank Limited ₹12.50 Cr Satisfied
30 Mar 2016 Hdfc Bank Limited ₹3.00 Cr Satisfied
16 Mar 2015 Icici Bank Limited ₹9.50 Cr Satisfied
31 Oct 2012 Hdfc Bank Limited ₹4.37 Cr Satisfied
20 Mar 2011 Hdfc Bank Limited ₹10.00 Cr Satisfied

How Many Employees Work at Aster Motor?

Aster Motor has a workforce of 4 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aster Motor, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Aster Motor's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Aster Motor

Recent activity within the organization

  • Annual General Meeting

    Aster Motor Private Limited last Annual general meeting of members was held on 26 Aug 2024 as per latest MCA records.

    26 Aug 2024

  • Balance Sheet

    Aster Motor Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Supas Parag Sheth was appointed as a Director was appointed as a Director on 15 Jul 2023 & has been associated with this company since 1 year 7 months .

    15 Jul 2023

  • Director Appointment

    Anand Bharatkumar Shah was appointed as a Director was appointed as a Director on 14 Apr 2023 & has been associated with this company since 1 year 10 months .

    14 Apr 2023

  • Charges

    A charge registered on 08 Nov 2016 via Charge ID 100060830 with Idbi Bank Limited was fully satisfied on 31 Mar 2022.

    31 Mar 2022

  • Charges

    A charge registered on 30 Mar 2016 via Charge ID 100040616 with Hdfc Bank Limited was fully satisfied on 05 Feb 2020.

    05 Feb 2020

Frequently asked questions

  • Aster Motor Private Limited was incorporated on 24 Jun 2010.

  • The authorized share capital of Aster Motor Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Aster Motor Private Limited.

    • Anand Bharatkumar Shah
    • Supas Parag Sheth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aster Motor Private Limited is Plot No. 986 / 32, Gidc Makarpura Main Road India, Vadodara, Gujarat, 390010.

  • The corporate identification number (CIN) of Aster Motor Private Limited is U50100GJ2010PTC061281 and the company number is 061281 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Aster Motor Private Limited has fallen by -62.34%.

  • As Per 2021 financial reports, 4 employees are currently employed by Aster Motor Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Aster Motor Private Limited has experienced an downturn of -15.33%.

  • The most recent Balance Sheet for Aster Motor Private Limited was filed with the ROC on 31 Mar 2024.

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